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Agriculture Finance and Policy

FOURTH MEETING

2023-2024 Regular Session - Thursday, January 19, 2023

STATE OF MINNESOTA
HOUSE OF REPRESENTATIVE FOURTH MEETING
NINETY-THIRD SESSION



AGRICULTURE FINANCE & POLICY COMMITTEE MINUTES

Representative Samantha Vang, Chair of the Committee on Agricultural Finance and Policy Committee, called the meeting to order at 1:00 PM on January 19, 2023, in Room 120 of the State Capitol Building.

The Committee Legislative Assistant noted the roll.

Members Present:
VANG, Samantha, Chair
PURSELL, Kristi, Vice Chair
ANDERSON, Paul, Republican Lead
BURKEL, John
CHA, Ethan
FREDERICK, Luke
HARDER, Bobbie
JACOB, Steven
NELSON, Nathan
REHM, Lucy
SENCER-MURA, Samantha
TABKE, Brad

Members Excused:
HANSEN, Rick

A quorum was present.

Representative Tabke moved to adopt the January 17, 2023, minutes. THE MOTION PREVAILED.

Chair Vang moved to recess the meeting for five minutes at 1:08 pm

Agriculture Committee returned from recess at 1:14 pm.

Presentation from the Minnesota Department of Agriculture on the Rural Finance Authority.

Presenting:
• Matt McDevitt, Agriculture Finance Supervisor, Finance & Budget, Minnesota Department of Agriculture.
• Peder Kjeseth, Assistant Commissioner, Minnesota Department of Agriculture.

HF 103 (Burkel); Rural Finance Authority funding provided, bonds issued, and money appropriated.

Representative Burkel moved that HF 103 be re-referred to the Capital Investment Committee.

Representative Burkel presented HF103.

The following testified on HF 103:
• Peder Kjeseth, Assistant Commissioner, Minnesota Department of Agriculture
• Matt McDevitt, Agricultural Finance Supervisor, Minnesota Department of Agriculture
• Stu Lorney, Government Relations Director, Minnesota Farmers Union
• Daryn McBeth, Compeer Financial and Agriculture Country Farm Credit Services
• Kaytlin Bemis, Senior Government Relations Specialist, Public Policy Specialist, Minnesota Farm Bureau

Representative Burkel renewed the motion that HF 103 be re-referred to the Capital Investment Committee. THE MOTION PREVAILED.

Representative Pursell assumes the Chair.

HF 463 (Vang); Rural Finance Authority funding provided, bonds issued, and money appropriated.

Representative Vang moved that HF 463 be re-referred to the Capital Investment Committee.

Representative Vang presented HF 463.

Representative Vang renewed the motion that HF 463 be re-referred to the Capital Investment Committee. THE MOTION PREVAILED.

The meeting adjourned at 1:54 P.M.

__________________________________________
Representative Samantha Vang, Chair


__________________________________________
Matthew Sauser, Committee Legislative Assistant

More Info On This Meeting..
Bills Added:
  • HF0103 (Burkel) - Rural Finance Authority funding provided, bonds issued, and money appropriated.
  • HF0463 (Vang) - Rural Finance Authority funding provided, bonds issued, and money appropriated.
House TV Video:
View Archive

*No audio/video feed for first few minutes due to technical issues. Committee recessed and reconvened to accommodate.
00:05 - Overview presentation from the Department of Agriculture Finance and Budget.
29:55 - HF103 (Burkel) Rural Finance Authority funding provided, bonds issued, and money appropriated.
39:16 - HF463 (Vang) Rural Finance Authority funding provided, bonds issued, and money appropriated.
Runs 43 mintues.


Overview of the Rural Finance Authority.
H.F. 103 (Burkel) Rural Finance Authority funding provided, bonds issued, and money appropriated.
H.F. 463 (Vang) Rural Finance Authority funding provided, bonds issued, and money appropriated.

HANDOUTS: Handouts MUST BE IN PDF FORMAT and emailed to the committee administrator by 12 p.m. (noon) the business day before the hearing. If you are bringing hard copies, bring 40 copies. Note: submitted written testimony is public and will be included in the official committee record. It may be posted to the committee webpage if received by deadline.
TESTIFYING: Testimony is limited. The number of testifiers and length of time permitted is at the discretion of the chair, and is subject to change. Please plan accordingly. If you would like to testify, please email the committee administrator by 12 p.m. (noon) the business day before the hearing.
DOCUMENTS: Meeting documents may be found on the Agriculture Finance and Policy webpage.
ACCESSIBILITY: To learn more about requesting an accommodation, please visit the FAQs for Disability Access. If you have further questions on accommodations or accessibility, please contact the Committee Administrator.

*Agenda items (including bills) may be added or removed, and/or order may change.